CDMO Outsourcing Market 2019-2023 | Growth of Pharmaceutical Industry to Boost Growth

The CDMO outsourcing market and it is poised to grow by USD 36.51 billion during 2019-2023, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is highly fragmented, and the degree of fragmentation will accelerate during the forecast period. Aenova Holding GmbH, Almac Group Ltd., Catalent Inc., FAMAR Health Care Services, FAREVA SA, Lonza Group Ltd., Recipharm AB, Siegfried Holding AG, The Lubrizol Corp., and Thermo Fisher Scientific Inc. are some of the major market participants. The growth of the pharmaceutical industry will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growth of the pharmaceutical industry has been instrumental in driving the growth of the market.

CDMO Outsourcing Market 2019-2023: Segmentation

CDMO Outsourcing Market is segmented as below:

·         Product

o    Small Molecules

o    Biologics

·         Geography

o    North America

o    APAC

o    Europe

o    South America

o    MEA

CDMO Outsourcing Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our CDMO outsourcing market report covers the following areas:

·         CDMO Outsourcing Market size

·         CDMO Outsourcing Market trends

·         CDMO Outsourcing Market industry analysis

This study identifies the increasing demand for one-stop-shop CDMOs as one of the prime reasons driving the CDMO outsourcing market growth during the next few years.

CDMO Outsourcing Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the CDMO outsourcing market, including some of the vendors such as Aenova Holding GmbH, Almac Group Ltd., Catalent Inc., FAMAR Health Care Services, FAREVA SA, Lonza Group Ltd., Recipharm AB, Siegfried Holding AG, The Lubrizol Corp., and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the CDMO outsourcing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.